HP agrees $13.9bn deal for EDS

The computer maker agreed to buy Electronic Data Systems, one of the world’s biggest information technology services companies, for $13.9bn, in a deal that marks a challenge to IBM

• Hurd moves to cement HP’s revival
• Lex: HP wants EDS

Further delays likely at Kazakh oil field

The start of production at one of the world’s biggest oil fields faces further delays as oil companies developing it battle with the Kazakh government over timing and budget

• Kazakhstan economy causing alarm
• Kazakh leader’s former son-in-law sentenced

Investment banks pin hopes on Asia

Global players turn to India and other high-growth markets in the region in an attempt to rescue bottom lines scarred by the credit crunch and the slowdown in the US, Europe and Japan

Greenberg attacks AIG chiefs

Hank Greenberg, former chief executive of American International Group, has stepped up his campaign against current management, claiming the insurer is “in crisis” and urging the board to postpone Wednesday’s shareholder meeting

Hiscox shift helps first quarter figure

Hiscox said a shift from underwriting “big ticket” insurance, such as terrorism or risks in the energy sector,towards less complex retail protection had helped it avoid a damaging first quarter in the insurance sector

Lycos Europe searching for US buyer

The company, a vestige of one of the first internet search engines, is touting itself as a possible acquisition target for a US media or telecoms group seeking scale in Europe’s fragmented online markets

Morgan Stanley fund lifts stake in Livedoor

A Morgan Stanley fund has become the biggest shareholder in Livedoor, the internet start-up that was at the centre of one of Japan’s most controversial financial scandals in recent history

Carphone off Tiscali buyer list

Carphone Warehouse, the UK’s third largest broadband provider, on Monday suffered a significant setback when it was excluded from a shortlist of would-be buyers of Tiscali, the Milan-listed internet company